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Europe is not meeting its cross-border grid connection goals
As EU energy ministers meet in Brussels to discuss grid expansion, the EU electricity market watchdog ACER warned on Friday (12 April) that Europe’s key grid connections are not sufficiently dedicated to electricity trading between neighbouring countries.
read more... 16/04/2024
France on track to smash clean electricity export record in 2024
France has boosted electricity exports by 500% during the first quarter of 2024 from the same period in 2023, and is forecast to lift net electricity exports to a new record for the full year, according to data from Energy Charts and LSEG.
read more... 11/04/2024
Daily (02.04.2024) : Strong renewable generation weighed on European electricity spot prices on Monday
Oil prices diverged on Monday, amid geopolitical unrest in the Middle East and an upturn in manufacturing activity in China. Brent crude remained stable to slightly bearish reaching a price of $87.42. At the same time, WTI Crude increased by roughly 1 % to $83.71.
read more... 02/04/2024
New price cap to drive energy bills to two-year low
Britain‘s energy regulator, Ofgem implemented its latest price cap on 1st April – the energy price for a typical household utilising both gas and electricity and paying through direct debit will decrease by £238.
read more... 02/04/2024
Renewables meet 89% of Portugal's Q1 power demand
National grid operator Redes Energeticas Nacionais (REN) said on Monday that renewable energy plants in Portugal have covered 89% of the country's electricity consumption in the first quarter of 2024.
read more... 02/04/2024